What's not to like about this fund? Yet the unit price keeps on falling! Now $1.69, a discount of 16% on last October's IPO price of $2, and 15% below NTA. They've got a good and growing management team, they're rolling out the dark fibre network, the Guam data centre build seems to be going well, they've forecast distributions totalling 9 cents per unit for the current and next quarters (yield of 10.7% if annualised), and said they will look at capital management initiatives (unit buy back?) if the discount to NTA doesn't improve. Looks like a good buy to me, but am I missing something?
What's not to like about this fund? Yet the unit price keeps on...
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Last
$2.30 |
Change
0.040(1.77%) |
Mkt cap ! $177.7M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.30 | $2.30 | $4.885K | 2.124K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2130 | $2.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 5719 | 1 |
View Market Depth
| Last trade - 11.21am 10/05/2024 (20 minute delay) ? |
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Last
$2.30 |
Change
0.040 ( 1.77 %) |
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| Open | High | Low | Volume | ||
| $2.30 | $2.30 | $2.30 | 1722 | ||
| Last updated 11.21am 10/05/2024 ? | |||||
| GDC (ASX) Chart |